2026 Honda Accord ElectricTrue Cost of Ownership in Philippines
204 hp all-electric sedan, 2026 model. Full cost breakdown including import duty (30%), VAT (12%), insurance, fuel at ₱1.05/L, maintenance, and depreciation.
Purchase Price
$55K
Base: $38K
Annual Total
$13K
Insurance + fuel + maintenance
Import Duty
$11K
30% of base price
VAT
$6K
12% applied
Annual Insurance
$750
Avg for this country
5-Year Total
$118K
Purchase + 5yr running costs
2026 Honda Accord Electric — Full Cost Breakdown in Philippines
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $38K |
| Import Duty (30%) | $11K |
| VAT / Sales Tax (12%) | $6K |
| Total Purchase Price | $55K |
| Annual Insurance | $750 |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $643 |
| Annual Depreciation | $11K |
| Registration & Road Tax | $550 |
| Total Annual Running Cost | $13K |
| 5-Year Total Cost of Ownership | $118K |
| Cost Per Kilometer | $0.839 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Honda Accord Electric Fuel Cost Calculator — Philippines
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
⚡ Electric Vehicle
The Honda Accord Electric runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Philippines.
$0 Fuel Cost
Electric vehicle — no gasoline required
Honda Accord Electric Depreciation Curve
The Honda Accord Electric loses approximately $22K (57%) of its value over 5 years.
Year-by-Year Value
| New | $38K | 100% |
| Year 1 | $27K | 72% |
| Year 2 | $24K | 62% |
| Year 3 | $21K | 54% |
| Year 4 | $18K | 48% |
| Year 5 | $16K | 43% |
Depreciation based on electric segment averages.
Honda Accord Electric vs. Competitors in Philippines
How does the Honda Accord Electric compare to similar cars available in Philippines?
Honda
Accord Electric
Base Price
$38K
Annual Cost in Philippines
$13K
Tesla
Model 3
Base Price
$42K
Annual Cost in Philippines
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in Philippines
$5K
BMW
i4
Base Price
$56K
Annual Cost in Philippines
$8K
Annual costs estimated for Philippines market. Import duty (30%) and VAT (12%) applied to all models.
🇵🇭 Owning a Car in Philippines
Traffic congestion increases fuel costs.
Very Expensive for Philippines
Annual car costs = 360% of average Philippines income ($4K/yr)
Average Annual Income
$4K
In Philippines
Fuel Price
₱1.05/L
Gasoline dominant
Avg Car Insurance
$750
Per year
Import Duty
30%
On vehicle value
VAT / Sales Tax
12%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in Philippines
Honda Accord Electric in Philippines — Frequently Asked Questions
Common questions about owning a Honda Accord Electric in Philippines.
The 2026 Honda Accord Electric has a base price of $38,000 USD. In Philippines, after 30% import duty and 12% VAT, the total purchase price is approximately $55,328 USD (₱55,328 PHP).
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Honda Accord Electric in Other Countries
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- 🇯🇵Honda Accord Electric in Japan
- 🇦🇺Honda Accord Electric in Australia
- 🇨🇦Honda Accord Electric in Canada
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